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Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price per
Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month Required: $ 28 $ 13 $ 12,450 980 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. .1234 should be entered as 12.34).) 1. Margin of safety (in dollars) 2. Margin of safety percentage %
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Given data Selling price per unit 28 Variable expense per unit 13 Fixed expense per month 12450 Unit sales per month 988 1 Margin of Safety in dollars ...Get Instant Access to Expert-Tailored Solutions
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